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Tricia Terry
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Marrs & Terry, PLLC
6553 Jackson Road Ann Arbor, MI 48103Â» view map
Bankruptcy & Debt
Personalized, Efficient Counsel

Marrs & Terry, PLLC have been helping individuals face a variety of legal challenges, including bankruptcy, estate planning and administration, and family law.

800-862-7221
1. Tricia Terry Ann Arbor, MI
  Attorney at Law- MI, 1999
  Thomas M. Cooley Law School, J.D.
2. AboutExperienced Michigan Lawyer
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Not enough matches for Monroe Collection lawyer.
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Kerry L. Bondy

Landlord-Tenant, Land Use & Zoning, Municipal, Divorce

Status: In Good Standing

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212 East First St., Monroe, MI 48161

Sajid A. Khan

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12 East Third Street, Monroe, MI 48161

Jeffrey Dulany

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14930 Laplaisance Road, Monroe, MI 48161

Anthony Carl Putz

Criminal, Landlord-Tenant, Wills, Contract

Status: In Good Standing Licensed: 12 Years

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Jason D. Kaczmarek

Dispute Resolution, Alimony & Spousal Support, Adoption, Divorce & Family Law, Administrative Law

Status: In Good Standing Licensed: 21 Years

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12 E 3Rd St, Monroe, MI 48161

James G. Petrangelo

Litigation, Family Law, Divorce & Family Law, Criminal

Status: In Good Standing Licensed: 48 Years

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212 E 1St St, Monroe, MI 48161

Conly K. Crossley

Real Estate, Municipal, Wills & Probate, Estate Planning

Status: In Good Standing Licensed: 32 Years

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Christina D. Hills

Farms, Child Support, Adoption, Criminal

Status: In Good Standing Licensed: 31 Years

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23 W 1St St, Monroe, MI 48161

Leslie M. Carr

Divorce & Family Law, Bankruptcy, Wills & Probate

Status: In Good Standing Licensed: 32 Years

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23 W 1st St, Monroe, MI 48161

Joel David Kershaw

Social Security, Trusts, Family Law, Criminal

Status: In Good Standing

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2 E 1St St, Monroe, MI 48161

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LEGAL TERMS

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.

CREDIT COUNSELING

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Unde... (more...)

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the new bankruptcy law, a debtor must undergo credit counseling with an approved provider before filing for bankruptcy.

FAIR CREDIT REPORTING ACT (FCRA)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to a... (more...)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to adopt reasonable procedures for gathering, maintaining and disseminating information and bars credit bureaus from reporting negative information that is older than seven years, except a bankruptcy, which may be reported for ten. If you notify a credit bureau of an error in your credit report, the FCRA requires the bureau to investigate your allegations within 30 days, review all information you provide, remove inaccurate and unverified information and adopt procedures to keep the information from reappearing. In addition, the law requires that creditors refrain from reporting incorrect information to credit bureaus.

WINDING UP

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, a... (more...)

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, all with the ultimate goal of liquidating or closing down a corporation or partnership.

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

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Monroe County, MI Collection Lawyers

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Kerry L. Bondy

Sajid A. Khan

Jeffrey Dulany

Anthony Carl Putz

Jason D. Kaczmarek

James G. Petrangelo

Conly K. Crossley

Christina D. Hills

Leslie M. Carr

Joel David Kershaw

TIPS

LEGAL TERMS

CREDIT BUREAU

BANKRUPTCY

401(K) PLAN

CREDIT COUNSELING

FAIR CREDIT REPORTING ACT (FCRA)

WINDING UP

CURRENT MONTHLY INCOME

GUARANTOR

NONEXEMPT PROPERTY

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